Studies have shown that visionary companies outperformed nonvisionary ones by six times based on standard financial criteria.To become a visionary organization the entrepreneur must articulate a coherent,inspiring,and ________.

Question

Quizplus · Accepted Answer

To become a visionary organization, it is important for the entrepreneur to articulate an attractive vision of the future that inspires and motivates their team to work towards a common goal. While having a visionary business plan or exciting product/service may contribute to the organization's success, it is ultimately the vision that drives the company's overall purpose and strategy. Additionally, having a customer service oriented organization may be important for maintaining customer satisfaction, but it may not necessarily contribute to the development of a visionary culture.

Studies Have Shown That Visionary Companies Outperformed Nonvisionary Ones by Six